Nevada and federal agencies consider payday and name loan limitations

Nevada and federal agencies consider payday and name loan limitations

Federal regulators are using actions to rein in high-cost payday lenders, and state officials are learning how to perform some exact exact same.

The buyer Financial Protection Bureau, conference in Kansas City on Thursday, proposed brand new limitations on rates of interest and guidelines that will make it harder for loan providers to seize vehicles utilized as protection for so-called name loans. […]